Projekter pr. år
The research identifies an Italian medium company, a family business founded in 1940s. This company was chosen as it has been through different generational passages and represents the best example of how the integrated and holistic approach in managing risks is put into practice.
This paper supports the idea that in a medium enterprise (family firm) it is not necessary to formalize the risk management process with written procedures. However, the management or family owners should hold all the information flows, be able to influence the management dynamics and manage all the events in a holistic way.
It is also essential to manage the company in a forward-looking way with an effective planning process. Therefore, it is fundamental that the risk management process coincides with already existing processes and integrates perfectly with the company management.
This paper represents the second step of a huge research project. The research aims to understand whether it is possible to validate a conceptual model that considers a risk approach focusing on decision making, SME entrepreneurship and corporate culture.
Consistency and effectiveness of the proposed risk approach should be further tested and validated with other case studies.
The implications of this research are several: SME owners should consider the uncertainty and challenges from the external environment as opportunities to develop their business; and professionals are fundamental to support SMEs in the business management.
|Titel||The Future of Risk Management : Perspectives on Financial and Corporate Strategies|
|Redaktører||Paola De Vincentiis, Francesca Culasso, Stefano Cerrato|
|Status||Udgivet - 2019|
FingeraftrykDyk ned i forskningsemnerne om 'Going Beyond Formalization: Effective Risk Management in a Medium Company'. Sammen danner de et unikt fingeraftryk.
- 2 Tidsskriftartikel
Crovini, C., Ossola, G. & Britzelmaier, B., 2021, I: European Management Journal. 39, 1, s. 118-134 17 s.
Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review
Rethinking risk management in entrepreneurial SMEs: towards the integration with the decision-making processCrovini, C., Santoro, G. & Ossola, G., 21 maj 2021, I: Management Decision. 59, 5, s. 1085-1113 29 s.
Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer reviewÅben adgang